Homester.com Web News Archive

Stocks jump, boosted by tech, real estate deals (Reuters via Yahoo! News) - U.S. stocks rose on Wednesday on a flurry of acquisitions in the technology sector and several real estate deals.

AIG in talks to buy Tokyo real estate (International Herald Tribune) - In the latest sign that the Japanese real estate market is recovering, American International Group, a leading global insurer, said Tuesday that it was discussing buying an office tower and a commercial building site in downtown Tokyo.

BOC TIES UP WITH REAL ESTATE DEVELOPERS TO OFFER HOUSING LOANS (Asia Pulse via Yahoo! Australia & NZ Finance) - Housing The Bank of China (BOC) signed a strategic cooperation agreement with eight leading Chinese real estate developers on December 21 to enable it to offer housing loans to their clients in 2006.

BOC Ties Up With Real Estate Developers To Offer Housing Loans (Asia Pulse via Yahoo! Australia & NZ News) - The Bank of China (BOC) signed a strategic cooperation agreement with eight leading Chinese real estate developers on December 21 to enable it to offer housing loans to their clients in 2006.

Real estate developers adopt hardline on payment delays (Khaleej Times) - DUBAI — The hard line approach adopted by many real estate developers to buyers failing to keep up payment instalments, even on projects where they fail to meet the pre-sale completion date, is upsetting not only buyers but the entire real estate industry.

Dresdner Bank to Sell Real Estate Portfolio (AP via Yahoo! Finance) - Dresdner Bank AG said Wednesday it is selling a portfolio of real estate for more than euro2 billion to a fund managed by Fortress Investment Group.

Brazil Real Estate Developers Rossi, Company SA to Sell Shares (Bloomberg.com) - Dec. 21 (Bloomberg) -- Brazilian real estate developers Rossi Residencial SA and Company SA plan to sell shares in an initial public offering, as Latin America's biggest stock market nears its record level.

Donald Trump sued by real estate brokers (Kansas City Star) - NEW YORK - Donald Trump faces a lawsuit by three real estate brokers who say he still owes them $1.3 million from the profitable sale of land and apartments he owned in Manhattan.

Leading Real Estate Companies of the World™ Announces New VP of Communications (Real Estate News) - RISMEDIA, Dec. 22 — Robin LaSure has been promoted to vice president of communications for Leading Real Estate Companies of the World™.

ERA Shields Real Estate Helps Host Reception for New Companies (Real Estate News) - RISMEDIA, Dec. 22 — ERA Shields Real Estate partnered with the Economic Development Corporation and other major sponsors to host a reception for companies new to the Colorado Springs community, and companies currently operating in the area who continue to bring more jobs to Colorado Springs. The reception was held on December 13, 2005, at The Broadmoor Hotel.